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Olympic Games

Volume 451: debated on Monday 6 November 2006

17. To ask the Secretary of State for Culture, Media and Sport by what means budgetary control is being maintained on the 2012 Olympic project. (99162)

I regret that it has not been possible to respond to the hon. Member in the time available before Dissolution.

18. To ask the Secretary of State for Culture, Media and Sport what arrangement will be made for the funding of potential cost over-runs related to the 2012 Olympics. (99163)

Each annual budget will contain a contingency allowance from which cost over-runs will be met. As I said in the House on 6 November, in the event of further funds being needed to support the Olympic games, there is a formula in the M.O.U. to enable sharing between London and the lottery.